Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

An item marked at Rs. 3550 is offered at x% discount for Rs. 3124. If the discount offered is reduced to (x-6)%, then at what price will the item be available to customers?

Options:

3250

3350

3337

3837

Correct Answer:

3337

Explanation:

(discount)x% = \(\frac{SP - MRP}{MRP}\) X 100 = \(\frac{426}{3550}\) × 100% = 12%

Price at (x - 6)% discount  =MRP \(\frac{100 - discount}{100}\) =  \(\frac{3550 × 94}{100}\) = 3337